US bull market coming to an end: Rakesh Jhunjhunwala

Source: Moneycontrol.comRakesh Jhunjhunwala, Investor and Trader said that the US housing market is unlikely to bottom in mid-term. He added that US economic growth was unsustainable.According to Jhunjhunwala the bull market in the US had signs of excesses. He said that he believes that the US bull market is coming to an end. Jhunjhunwala forsees a big slowdown for techs if the US markets slow down.He added that interest rates and commodity prices will also come down.Excerpts from Rakesh Jhunjhunwala's speech at Capital Markets Seminar:It is difficult...

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Simple Calculators for Simplifying your Finances

Look at some tools and calculators for your personal finance decisionsWorksheets Retirement Benefit Planner MF Portfolio Excel Sheets Magic of compounding...

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How to invest in Stock Markets?

Tips and advice for stock market investors:1. You will never succeed in Share Markets if your investment decisions are based on tips from Brokers and friends. You should study the markets, analyze the trends, take calculated risks and then invest in stocks.2. Learn lessons from failures. Even great investors like Warren Buffett suffered losses in his early days.3. Identify your risk profile basing on your age, economical status, risk bearing capacity and future needs.4. Never put all your money in single investment portfolio. Diversify them.5....

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When to sell a Stock?

Selling a stock at the appropriate price is the most difficult task for any Stock Market investor. Basic rule of Investing is minimizing the losses and maximizing the profits.When to sell a stock?1. Has the stock reached your target? Never change your target without any specific reason. 2. Has the share price fallen dramatically? It is a warning signal. 3. If Company’s recent results are not good or Company’s growth prospects are poor. 4. If the price of the stock reaches new highs within a small time.5. If stock price does not justify the inherent...

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Tough road ahead for Indian share markets... !

Indian shares could correct sharply in coming weeks after hitting a series of record highs on unprecedented overseas fund flows, analysts say.Lifted by a tide of foreign money, Indian shares have climbed 25.4 per cent this year to hit a record 17,291.1 points last on Friday. The rise "has been too dramatic," said Atul Mehra, capital markets head at Mumbai brokerage J M Financial."Share valuations definitely appear stretched," he said. Indian shares have risen by over 10 percent just since September 18 when the US Federal Reserve cut interest rates...

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Global real estate funds to invest $ 5 Bn in India

International real estate funds are expected to pump in $ 5 billion into the Indian real estate market by the first quarter of 2008 in addition to the $ 3 billion they have already invested in the country, according to private equity players, reported FE. While Yatra, a company listed on the European bourses, will raise Rs 500 crore, Canada-based Trinity Capital too may hike its exposure in the Indian real estate market. Besides this, PE firm Blackstone, Deutsche Bank, Morgan Stanley and Warburg Pincus are all planning big in India, and so are...

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Inflation at 5-yr low

Inflation at 5-yr low 3.23% due to decline in food prices The inflation number has come surprisingly lower and that is a huge development for the bond markets. One was expecting a higher inflation of 3.47% or 3.50% but actually the week-on-week inflation has dipped rather considerably.The inflation number has come surprisingly lower and that is a huge development for the bond markets. One was expecting a higher inflation of 3.47% or 3.50% but actually the week-on-week inflation has dipped rather considerably.Inflation is quite lower than the market...

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BOARD MEETINGS

Abbott India Ltd 30/09/2007 Quarterly Results Arihant Foundations & Housing Ltd. 01/10/2007 To issue convertible warrants CHD Developers Ltd. 01/10/2007 To convert preferential warrants Modi Rubber Ltd. 01/10/2007 Quarterly Results CCL Products India Limited 01/10/2007 Quarterly Results Ashco Industries Ltd. 01/10/2007 Interim Dividend Cenlub Industries Ltd. 01/10/2007 Others Oricon Enterprises Ltd. 01/10/2007 Audited Results...

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IFCI soars after short-listing 8 bidders

Shares of IFCI shot up by more than 10% on Friday after a financial daily reported that the public sector term lender has shortlisted eight bidders for the proposed sale of a 26% stake.The newspaper report says that the list of shortlisted bidders includes the consortiums led by Wilbur L Ross and Shinsei Bank. However, the names of those bidders who have been left out have not been disclosed.At 12:56 p.m., IFCI was quoting at Rs98, up Rs5.20 or 5.6% over the previous close. The stock earlier touched an intra-day high of Rs102.45 and a low of Rs94.15....

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Idea Cellular - Multibagger

Deven Choksey, KR Choksey On EV/EBIDTA basis, Idea is trading at 21.5x which is at a discount to TTML and a premium to RCom and Bharti. We believe Idea looks attractive considering its entry into new circles and improvement of margins in the existing ones.Idea Cellular is a part of the US $ 24 billion Aditya Birla Group and a leading GSM mobile services operator with licenses to operate in 13 telecom service areas in India. The company has operations in Delhi, Himachal Pradesh, Rajasthan, Haryana, Uttar Pradesh (W) & Uttaranchal, Uttar Pradesh...

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NIFTY @ 5000 !

The market opened on buoyant note tracking firm global markets as weak US economic data reinforced expectations for another interest rate cut from the Federal Reserve, following a steep half-point reduction to 4.75% last week. Both the niche indices BSE Sensex and S&P CNX Nifty struck all time high in opening trade. Nifty hit all-time high above 5,000 in opening trade. Market breadth was strong on BSEAt 10:29 IST, the 30-shares BSE Sensex was up 158.46 points or 0.94% to 17,076.56. It opened higher at 17,059.61 and advanced further to hit an...

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Exit Strategy for reasonably Assured Profits

Suggested Exit Strategy for reasonably Assured ProfitsExiting a stock, which is otherwise known as selling your open position is one of the most difficult activities in Stock Trading. And this is not just for you, as a common trader/investor, it is even for me (at times :>>). So, how do you make sure to lock in profits after all.Eixt Strategy and lock in assured profitsStocks always trade in Waves, also popularly known as Wave Theory. Which means the stock will continue to go up by say 15% and come down about 10% and go on this way until...

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Safe way to Invest in Stocks - Hedge it!

I got so many requests to write-up something on Hedging, protecting investments and F&O that i finally decided to jot down this article on those lines. Hedging is the process of offsetting the price risks inherent in any cash market position by taking an equal but opposite position, usually in the Futures/Options market. It is not as complex as it sounds. Let us take a live example to understand this better.How to Hedge your investmentsI will take a live example to demonstrate how an investment decision gone bad did not really affect the investor...

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Finance Minister on Rupee rise

FM: Rupee rise way beyond comfort levels, exporters have to live with these levels Finance Minister P. Chidambaram has said the Indian rupee's current exchange levels against the U.S. dollar were "way beyond comfort levels," Press Trust of India reported today.The finance minister, however, said exporters have to "learn to live with this" levels. Unless the U.S. government does something about the dollar, there is nothing much I can do about the rupee, as far as the rupee-dollar parity is concerned," the news agency quoted Chidambaram as saying....

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Chat with Rajat K Bose on 26th September 2007

Rajat K Bose: Good evening. Thanks for joining in. let\'s begin.shrutigame06: dear sir i purchase reliance energy @1090 kindly can u suggest me wat to do i will hold or book the loss and also kindly say me abt parswanath, alok ind. i have 1 lakh kindly suggest some scripts for investing for 3-4 monthsRajat K Bose: REL in the short term looks overbought on the charts. Wait for some time before making fresh commitments.sundarlx: what is trg of ifciRajat K Bose: above 103; it may test 107 and 112. however, quite overbought i suggest booking profits...

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IFCI strategic stake sale may get derailed

IFCI is in trouble, one may ask what's new, its been that way for the lat 9 years. But 9 years hence, ever wondered what could be one thing that could derail the entire restructuring process at IFCI?IFCI is in trouble, one may ask what's new, its been that way for the lat 9 years. But 9 years hence, ever wondered what could be one thing that could derail the entire restructuring process at IFCI - And with short of shooting myself in the leg I would say the very speculative activity that has taken the IFCI stock price beyond Rs 100. I say it because...

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STOCK SWITCH - ICICI Direct

AutomobileCemen...

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The Day That was.....

Indian shares ended higher on Wednesday at a record close on Wednesday, but off their highs as profit-booking pared gains. Software, banking and refinery stocks rallied, while real estate and oil & gas stocks witnessed selling pressure. The Sensex ended up 21.85 points, or 0.13%, at 16,921.39, an all-time closing high. It had opened higher at 16,969.45. It advanced to hit an all-time high of 17,073.87 and a low of 16,887.07. The Nifty was up 1.65 points, or 0.03%, at 4,940.50, an all time closing high. It struck an all time high of 4980.85....

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Crude eases for second day

Crude prices drop as storm chances dissipate but natural gas soarsCrude oil prices softened today after the storm threat at Gulf of Mexico dissipated. The Gulf accounts for about 25% of U.S. oil production. With this, crude slipped for the second consecutive day.For the day ending Monday, 24 September, 2007, crude-oil futures for light sweet crude for November delivery closed at $80.95/barrel (lower by $0.67/barrel or 0.82%) on the New York Mercantile Exchange. Futures touched $83.90, on 20 Sept, the highest intraday price till date. Prices are...

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Valuations ahead of Fundamentals

Stock valuations have raced ahead of fundamentals, but bulls hit the Street again on Monday, driving up the Sensex by another 281.60 points. The benchmark index rose to a record high for the fourth straight session. A section of the market expects the upward momentum to continue, led by robust foreign inflows.On Monday, the Sensex closed at 16,845.83 points, rising 1.70%; the Nifty ended 94.65 points or 1.96% higher at 4932.20 points. Since the cut in a key interest rate by the US Federal Reserve on September 18, both indices have risen roughly...

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Mathew Easow tips for 25/09

Buy Reliance Communication with a stop loss of Rs 569for a short-term target of Rs 650Buy Intense Technologies with a stoploss of Rs 63 for a short-term target of Rs...

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Ispat Industries leads gainers in 'A' group

Integrated steel maker Ispat Industries soared 18.06% to Rs 26.80 and it topped gainers in BSE’s A group. Earlier, reports suggested that the company is planning to invest about Rs 10,000 crore within five years to ramp up domestic production, and is also planning to expand overseas through capacity expansion and backward integration.Mid-cap IT services provider Rolta India moved up 8.89% to Rs 569.40 and it stood second among top gainers in A group. Earlier on 20 September 2007, Macquarie Research had ranked the company as an outperformer by saying...

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Grey Market Premiums

Power Grid Corporation 44 to 52 21.50 to 22Dhanus Tech. 280 to 295 95 to 98Koutons Retail 370 to 415 75 to 80Consolidated Construction 460 to 510 205 to 208Supreme Infra 95 to 108 65 to 67Saamya Biotech 10 3.50 to 4Circuit Systems (India) Ltd. 35 3.5 to 4Kaveri Seeds 150 to 170 15 to...

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CEMENT - Bolstered bags

Niren Shah / Mumbai September 24, 2007Beaten down after the Budget, cement stocks are back in the reckoning.From experience, people in the corridors of power have realised that even an onion can shake the foundations of a strong government. Cement, as it is, turns out to be stronger than an onion. When cement prices rose for over a year by about 15 per cent, the Ministry of Finance considered meddling with the uptrend by imposing fiscal disincentives for high-priced bags of cement.Budget 2007 brought along a revamped excise duty structure with...

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